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Condensed Consolidated Statement of Income (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 6 Months Ended
Jun. 27, 2020
Jun. 29, 2019
Jun. 27, 2020
Jun. 29, 2019
Income Statement [Abstract]        
Revenue (Notes 1 and 12) $ 152,860 $ 177,165 $ 311,987 $ 348,481
Costs and Operating Expenses:        
Cost of revenue 86,412 102,794 177,216 203,595
Selling, general, and administrative expenses 45,073 48,467 90,665 97,786
Research and development expenses 2,798 2,762 5,874 5,383
Restructuring costs (Note 3) 456 0 456 0
Total Costs and Operating Expenses 134,739 154,023 274,211 306,764
Operating Income 18,121 23,142 37,776 41,717
Interest Income 37 59 88 115
Interest Expense (1,931) (3,573) (4,390) (7,077)
Other Expense, Net (31) (99) (63) (198)
Income Before Provision for Income Taxes 16,196 19,529 33,411 34,557
Provision for Income Taxes (Note 5) 4,474 3,128 9,033 7,091
Net Income 11,722 16,401 24,378 27,466
Net Income Attributable to Noncontrolling Interest (115) (97) (240) (262)
Net Income Attributable to Kadant $ 11,607 $ 16,304 $ 24,138 $ 27,204
Earnings per Share Attributable to Kadant (Note 4)        
Basic (in dollars per share) $ 1.01 $ 1.46 $ 2.11 $ 2.44
Diluted (in dollars per share) $ 1.00 $ 1.42 $ 2.09 $ 2.38
Weighted Average Shares (Note 4)        
Basic (in shares) 11,482 11,194 11,457 11,164
Diluted (in shares) 11,552 11,448 11,530 11,416